American Lithium (CVE:LI) Trading Down 5.9%

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American Lithium Corp (CVE:LI)’s stock price dropped 5.9% on Friday . The stock traded as low as C$0.16 and last traded at C$0.16, approximately 5,000 shares were traded during trading. A decline of 94% from the average daily volume of 86,525 shares. The stock had previously closed at C$0.17.

The stock has a market capitalization of $11.63 million and a P/E ratio of -0.55. The company has a fifty day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.24.

American Lithium Company Profile (CVE:LI)

American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration for, and development of lithium deposits in the Americas. The company holds a 100% interest in the Fish Lake Valley project covering an area of 7,840 acres located in Esmeralda County, Nevada; and holds an option to acquire the San Emidio Project covering an area of 2,240 acres located in Washoe County in Nevada.

Further Reading: Mutual Funds

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